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obama care insurance. we will have considerably more comment on those circumstances here tonight. i'm lou dobbs. >>> good evening everybody. the president today defiantly declared that baem care is here to stay regardless of its failures during a sometimes
obama care insurance. we will have considerably more comment on those circumstances here tonight. i'm lou dobbs. >>> good evening everybody. the president today defiantly declared that baem care is here to stay regardless of its failures during a sometimes
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Oct 30, 2013
10/13
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despite president obama's repeated assurances to the american public if they like their plan they could keep it. here to weigh in, a visiting scholar at the american enterprise institute and which lowry, editor for the national review. i will start with you. hundreds of thousands of people. nyh take a look at these numbers , california, new york, all of the country, florida, losing coverage. we were told not once, not twice, but multiple times that we could keep our insurance plans. what happened? >> it represents an enormous credibility problem for this administration. he said it repeatedly. it is on tape. we are hearing it over and over again on every media outlet. he did not know, you should have. this is a key basic element of the law, creating a federal definition of insurance. your plan does not meet the definition you are out of luck. anyone would have known this is going to happen. gerri: to you. the administration is fighting back saying that, well, look, the information was out there. he talked about this a couple of years ago in the media. it is all hats. do you agree? >> no.
despite president obama's repeated assurances to the american public if they like their plan they could keep it. here to weigh in, a visiting scholar at the american enterprise institute and which lowry, editor for the national review. i will start with you. hundreds of thousands of people. nyh take a look at these numbers , california, new york, all of the country, florida, losing coverage. we were told not once, not twice, but multiple times that we could keep our insurance plans. what...
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the obama administration gave gm may -- gm a $50 billion bailout in 2009 and it got a huge tax ride off in future profits. those profits have come roaring back. now sitting on $26 billion in cash. still, taxpayers will lose $2 billion, that is $10 billion the bailout. add that to the one-and-a-half billion lost on chrysler. ford did not get a bailout. a lot more to come this hour including if you want sap help with your wallet -- let me try that one more time. if you want some help with holiday spending in charity spending, we have recommendations. stay with us. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase,very day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cind [ male announcer get the spark business card from capital one. choose 2% cash back or doue miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! [ male announcer ] if we could see
the obama administration gave gm may -- gm a $50 billion bailout in 2009 and it got a huge tax ride off in future profits. those profits have come roaring back. now sitting on $26 billion in cash. still, taxpayers will lose $2 billion, that is $10 billion the bailout. add that to the one-and-a-half billion lost on chrysler. ford did not get a bailout. a lot more to come this hour including if you want sap help with your wallet -- let me try that one more time. if you want some help with holiday...
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Jul 29, 2013
07/13
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obama administration is looking for a fight. and as many fights as they can find. treasury secretary jack liu hit sunday show circuit with ultimatum for republicans if president obama do not get his way on the upcoming budget and debt ceiling battles, he will not negotiate. here is liu drawing the president's line in the sand, and kicking sand in the
obama administration is looking for a fight. and as many fights as they can find. treasury secretary jack liu hit sunday show circuit with ultimatum for republicans if president obama do not get his way on the upcoming budget and debt ceiling battles, he will not negotiate. here is liu drawing the president's line in the sand, and kicking sand in the
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Jul 30, 2013
07/13
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the obama administration is now open for a fight. as many fights as they can get. jack lew said president obama doesn't get his way on the upcoming debt ceiling battles, he will not negotiate. here he is drawing the president's line in the sand and
the obama administration is now open for a fight. as many fights as they can get. jack lew said president obama doesn't get his way on the upcoming debt ceiling battles, he will not negotiate. here he is drawing the president's line in the sand and
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May 30, 2013
05/13
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our top story tonight is the obama administration doubling down on the failed housing program that is costing you billions of taxpayer dollars. the government announcing that t will continue its housing program, it will continue for another two years because it doesn't want to hurt the housing recovery. but there is evidence of the governments efforts might actually be holding back the recovery. markets are with us from the cato institute. first of all, this program started back in 2009. we we are going to be out two to 4 million people. it barely helped 1 million people. >> we do not know how many of those million would've made it through the program otherwise. 97% of these have just been reductions of interest rates. 87% of the money has actually been used. melissa: let's underline that point. i don't think a lot of you will understand it. i think that most people think that sent money, it goes to the pockets of people. it was the bank is actually bailed out and we were told we have to change these mortgages, modify them come out lower the interest rate. ultimately that could help c
our top story tonight is the obama administration doubling down on the failed housing program that is costing you billions of taxpayer dollars. the government announcing that t will continue its housing program, it will continue for another two years because it doesn't want to hurt the housing recovery. but there is evidence of the governments efforts might actually be holding back the recovery. markets are with us from the cato institute. first of all, this program started back in 2009. we we...